Pages:
Author

Topic: Is the altcoin market being manipulated in 2020? - page 2. (Read 1148 times)

legendary
Activity: 3346
Merit: 1352
Leading Crypto Sports Betting & Casino Platform
Trading ERC-20 tokens at this time in my opinion is still safe as long as you are not trapped by garbage tokens originating from there, oh yes, some tokens that came from there have been many who have switched and started using other platforms and also some of them make their own mainnet and in my opinion, instead of staying focused on ERC-20 why don't you try the tokens from mainnet that are just circulating? because this is very interesting.

There are thousands of ERC-20 tokens right now and searching for tokens that are suitable for investment would be like looking for a needle in the haystack. In the past, I had invested in several of the ERC-20 tokens, including TMT (Traxia Membership Token), WPPTOKEN, REPME, Mozo Token, and BitScreener. But none of them gave positive returns. IMO, it doesn't matter in which platform the token is being traded. All it matters is the viability and continued development.
sr. member
Activity: 756
Merit: 252
Well it really depends on the altcoin that you picked, If you pick a startup who have a shady team then it will be manipulated surely. I suggest that you pick up an altcoin that is already stable and have use case already. There is so much altcoins that in the industry trying tovachieve the impossible.
Even some of the top altcoins in the market are suffering from manipulation, if you see a coin going up in price by more than 50% in a single day and it is one of the top coins I can assure you that in the majority of the cases that coin is being manipulated because the growth that is caused by the general population adopting that coin does not look like that, it will be a slow upward pressure that will last for months, and I am skeptical of the current growth of altcoins because of this.
sr. member
Activity: 1162
Merit: 252
Trading ERC-20 tokens at this time in my opinion is still safe as long as you are not trapped by garbage tokens originating from there, oh yes, some tokens that came from there have been many who have switched and started using other platforms and also some of them make their own mainnet and in my opinion, instead of staying focused on ERC-20 why don't you try the tokens from mainnet that are just circulating? because this is very interesting.
sr. member
Activity: 1190
Merit: 253
It is too early to say that something has changed. I think we need to be very observant and up-to-date on the market status. We all know that manipulation in Cryptocurrency is just normal but we will see on the next months if there are changes. The most important event for now is there are green market happening right now for Altcoins.
sr. member
Activity: 1792
Merit: 264
there has not been an increase in market prices in most altcoins at this time, especially if you want to trade newly released tokens for profit, of course the risk of loss will be easier to deal with if we insist on trading on tokens that do not have high trading volumes on various exchanges
hero member
Activity: 2870
Merit: 574
Vave.com - Crypto Casino
Manipulated or not, if the altcoin market increase, we don't think like that because we only see that we can make a profit again. I don't want to think about manipulation because manipulation will be there, and I believe it exists in the market, but we don't know which one has got manipulated. People or whales who have a lot of money or bitcoin can quickly move the price to a higher price or lowering the price, and that makes the other people panic to save their assets if the price is down.

But if the price is up, they will place the order sell at the price they want. Meanwhile, we see the market now is on the positive moves, so I guess that we will see something good in the next months. We almost leave this month, and we hope that everything will change in the next month.
hero member
Activity: 3164
Merit: 675
www.Crypto.Games: Multiple coins, multiple games
Market is not as low as you guys imagine it is. In 2019 ethereum saw as little as 75-80 dollars, yes it did peaked at around 300 dollars or even higher I suppose and then dropped half of it back but that doesn't mean it didn't went up at all, just because it peaked higher doesn't negate the fact that we are literally 2x of what we were last year.

Everyone is thick skulled when it comes to considering altcoins with dollar valuation, most of the coins went up in dollar valuation, that is why they are very valuable aspects of your crypto investment and should try to dilute your investments to many altcoins and not stuck with just bitcoin, they all go up in dollar value. Sure some dropped in bitcoin value and that is understandable but that doesn't change the fact that you are in profit if you held any of the major altcoins.
full member
Activity: 938
Merit: 105
I have thougts about manipulation when ETH was very low on New Year holidays! I think that it could be manipulated
Then, what it now? Is there still any manipulation happens?
Manipulation can around, especially for altcoins. If we could remember how altcoins soar high during 2017 bullish, it is all been played by hypes and it happens oftentimes even these days. But it looks different from what it happens that time, hypes aren't strong of today but its existence still there. And I hope no one will fall into this trap.
member
Activity: 700
Merit: 12
I have thougts about manipulation when ETH was very low on New Year holidays! I think that it could be manipulated
hero member
Activity: 1190
Merit: 568
Sovryn - Brings DeFi to Bitcoin
Hello There!  Wink

At one time, I stopped being interested in the altcoin-markets because of the situation there. Famous projects were dropping their bags off to gullible investors to get even more money.

Do you think the situation has changed in the year 2020?  Huh
Is it safe to trade ERC-20 tokens and is it possible to earn something else?
ERC20 tokens are still safe to buy and trade with, there's nothing really change, even manipulation is still there, we need to understand that manipulation happens because of the whales in the market, they will made the coin pump or dump because they are holding the bigger amount of it. We need to hold it too for us not to lose with their manipulations.
full member
Activity: 638
Merit: 118
No, the crypto market is just pumping, it's not manipulation. Though some coins like BSV, BTK price is increasing because of manipulation, but others are normal pump! Maybe this pump will begin the bull run in the crypto industry!  
newbie
Activity: 5
Merit: 0
Hello There!  Wink

At one time, I stopped being interested in the altcoin-markets because of the situation there. Famous projects were dropping their bags off to gullible investors to get even more money.

Do you think the situation has changed in the year 2020?  Huh
Is it safe to trade ERC-20 tokens and is it possible to earn something else?

You're right about all 95%)

Yes, the alts market is manipulated as one of the stock markets, but it means that you can benefit from it.
By the way, I specialize in the search for regularities in pumps and discharges, as blockchain makes it possible to find correlations of these manipulations.


What do you mean?
Are you tracking something?

And not just tracking...

I work as an altcoin market analyst. It's my job to find anomalous money flow from wallets and exchanges. It is possible to argue for a long time about manipulations and blah blah blah blah, but with due diligence, they can be earned in almost 90% of cases. One example from a daily routine:

We noticed Dash when it cost $50. After tracking the cash flows of large wallets and several other factors, we concluded that demand will be huge in the near future. That's how it turned out, Dash has grown by 180% in 9 days. And there's a lot of such examples.

We are now looking for funding for our trading ideas, so if you're interested, please email me:

[email protected]

legendary
Activity: 1498
Merit: 1000
which project that you are talking about selling their coin ?, of course yes many coin/token price get manipulated by whale include btc ( i think )
Your thoughts are correct. All altcoins in this market are manipulated and BTC is like that, you can see the influence of manipulation in this market. Altcoins are pumped up and increased many times in a short time like BSV, or crashed many times in a short time like Matic ...
sr. member
Activity: 1610
Merit: 264
Hello There!  Wink

At one time, I stopped being interested in the altcoin-markets because of the situation there. Famous projects were dropping their bags off to gullible investors to get even more money.

Do you think the situation has changed in the year 2020?  Huh
Is it safe to trade ERC-20 tokens and is it possible to earn something else?

Situation isn't  new. It was like this especially for Bitcoin, maybe for us hodlers back in 2017. If there's new, it would be mostly just the launch of new platforms for letting people in cryptos.
I remembered the launch of Bakkt before even though that was 2019, but I am pretty sure the wave of effect of its launch still gets felt until now, especially due to the bull runs we're getting right now although I know it shouldn't have any effect right now.
full member
Activity: 1820
Merit: 107
Hello There!  Wink

At one time, I stopped being interested in the altcoin-markets because of the situation there. Famous projects were dropping their bags off to gullible investors to get even more money.

Do you think the situation has changed in the year 2020?  Huh
Is it safe to trade ERC-20 tokens and is it possible to earn something else?
Manipulation is a common thing in the crypto market as we notice most of the coins/tokens was often artificially pump and then dump, that's the reality so we better accept it since it's already a part of the system! and when in comes of trading and holding cryptocurrency the risk is always there so we must aware of it. i might say that 2020 is a positive year and hopefully it will bring more profits to us.
full member
Activity: 1638
Merit: 122
For me all coins are can be manipulate by the bigger holders they can sold bags of coins and then the price will dump. But if the coins has many use cases whales are very aware to pump and dump the coins/tokens because is useful token can't dump easily.
if you buy it at the highest price it is very risky, you see the price of BSV, BSV touches all time high and if you buy it at the ATH price then now you have lost almost 50% more, its terrible indeed
it's not terrible but just an experience. every person in this market at least once buys at ATH. this is normal practice and as a rule, after that people begin to understand when it’s a good idea to buy and when you can wait a bit. the most important thing is that a person does not stop believing in cryptocurrency after such a mistake.
I agree, Atleast we have learned something about those experiences and we canapply it next time we make our next move on investing in new upcoming projects to avoid those mistakes.

yeah experience is a must in everything in order to work or perform better  .

 buying in ath is not bad but depends on the coin that you pick  . if you pick risky tokens that pump and you buy at ath , its likely to dump and you will loose but if its btc and other good altcoins well the chance is lesser  . for me its better to wait and buy at the dip just to be wiser on the cost  . altcoin is manipulated of course and its not year by year but manipulations occur all the time  .
member
Activity: 882
Merit: 13
For me all coins are can be manipulate by the bigger holders they can sold bags of coins and then the price will dump. But if the coins has many use cases whales are very aware to pump and dump the coins/tokens because is useful token can't dump easily.
if you buy it at the highest price it is very risky, you see the price of BSV, BSV touches all time high and if you buy it at the ATH price then now you have lost almost 50% more, its terrible indeed
it's not terrible but just an experience. every person in this market at least once buys at ATH. this is normal practice and as a rule, after that people begin to understand when it’s a good idea to buy and when you can wait a bit. the most important thing is that a person does not stop believing in cryptocurrency after such a mistake.
I agree, Atleast we have learned something about those experiences and we canapply it next time we make our next move on investing in new upcoming projects to avoid those mistakes.
jr. member
Activity: 42
Merit: 3
OF COURSE the market is manipulated.  How does one explain away the fact that ETC rises 134% inside a month for no rhyme or reason.  Whales pick winners.  You cannot tell me that all of the sudden ETC is the bomb.  Whales see an opportunity to pump something and they do it.  
sr. member
Activity: 1274
Merit: 261
★Bitvest.io★ Play Plinko or Invest!
Hello There!  Wink

At one time, I stopped being interested in the altcoin-markets because of the situation there. Famous projects were dropping their bags off to gullible investors to get even more money.

Do you think the situation has changed in the year 2020?  Huh
Is it safe to trade ERC-20 tokens and is it possible to earn something else?

2020 still has a lot of warning sign go check what happens to Bitcoin SV, it was artificially pumped and now it is plummetting, expect something like this to happen along the way as we move to the halving, we should be very careful, there are a lot of plans a lot of shill a lot of hype so be on alert on what is true and what are fakes. 

   Manipulations in the crypto-market will never stop! There are so many coins that has just one purpose, to be be pumped and dumped!
Not so often we see the pump of some top coins, after which comes the dump. I think the same is happening right now with BSV. After
amazing rise, price down for 20% today.
  
hero member
Activity: 1274
Merit: 500
Proof-of-Stake Blockchain Network
For me all coins are can be manipulate by the bigger holders they can sold bags of coins and then the price will dump. But if the coins has many use cases whales are very aware to pump and dump the coins/tokens because is useful token can't dump easily.
if you buy it at the highest price it is very risky, you see the price of BSV, BSV touches all time high and if you buy it at the ATH price then now you have lost almost 50% more, its terrible indeed
it's not terrible but just an experience. every person in this market at least once buys at ATH. this is normal practice and as a rule, after that people begin to understand when it’s a good idea to buy and when you can wait a bit. the most important thing is that a person does not stop believing in cryptocurrency after such a mistake.
Pages:
Jump to: